- Property Type
- Residential
- Square Feet
- 3,680 sq. ft.
- Bedrooms
- 6 Bedrooms
- Bathrooms
- 3
- Price
- $135,000
- MLS #
- #581597
About This Property
CALLING ALL INVESTORS!
3 income-producing homes + 5 additional lots sold as a package deal!
Acreage, square footage, and bed/bath count shown in the listing represent the combined total for all properties included and listed address is the 1/1 unit with individual addresses below. A full spreadsheet with individual unit breakdowns—expenses, NOI, cap rate, and more—is available upon request.
Pictures are organized by front of home then inside pictures of that home.
This package is 100% occupied with leases in place through October 1, 2026, providing immediate and secure cash flow. The residential units include:
1/1 home at approximately 800± sq ft 309 Caldwell St (Heating and cooling are window units and space heaters)
2/1 home at approximately 1,080± sq ft 121 N Ashurst Ave (Heating and cooling are window units and space heaters)
3/1 home at approximately 1,800± sq ft 125 N Ashurst Ave (Heating and cooling is central)
These three homes sit on a combined 0.40± acres, and just down the street are five additional lots totaling 0.84± acres, all included in the sale. A recent survey for the 5 lots has already been completed and is available for review.
This investment opportunity offers a 12% cap rate as-is, with significant upside potential for improvements, increased rents, or additional development—making it an ideal addition to any portfolio.
Don’t miss out on this rare cash-flowing package! Call today for a showing!
- List Price
- $135,000
- Status
- Active
- MLS ID
- 581597
- Town
- Tallassee
- Neighborhood
- Rural
- County
- Tallapoosa
- Zip
- 36078
- Property Type
- Residential
- Property Sub Type
- SingleFamilyResidence
- Acres
- 1.24
- City Postal
- Tallassee
- Construction
- WoodSiding
- Cooling
- CentralAir,CeilingFans,Electric,WindowUnits
- Directions
- From Gilmore Avenue in Tallassee, Cross over the bridge at the dam and follow Highway 14 (Central Blvd). Right onto Caldwell St. Houses are at the corner of Caldwell and N Ashurst. Lots are Across Sims Ave on Riverside Dr
- Flooring
- Carpet,Plank,Tile,Vinyl
- Frontage Access
- Paved
- Frontage Feature
- PublicRoad
- Heating
- Central,Electric,SpaceHeater
- Lot Dimension
- Irr
- Original List Price
- $149,900
- School Elementary
- Tallassee Elementary School
- School High
- Tallassee High School
- School Middle
- Southside Middle School,
- Utilities Available
- ElectricityAvailable